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Constellation Group and The Boschetti Group Secure $67.5 Million Construction Loan For Cora Merrick Park

June 9, 2026

Constellation Group and The Boschetti Group announced the successful closing of a $67.5 million construction loan for Cora Merrick Park, a boutique residential condominium centered on wellness in Coral Gables. Located at 4241 Aurora Street in the heart of the exclusive Merrick Park neighborhood, Cora will deliver 74 thoughtfully designed residences.

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In Commercial, Coral Gables, Banking, Construction, Construction News, Construction Update, Development, Development News, Finance & Banking, News, News & Features, Residential Tags News & Features, News, Constellation Group, The Boschetti Group, CORA Merrick Park, Development News, Development, Development Sales, Coral Gables, Residential, Featured, Douglas Elliman, Douglas Elliman Development Marketing, Merrick Park, Urban Robot Associates, Groundbreaking, Construction News, Construction, Construction Update, Construction Loan, Banking, Finance & Banking, Lending, Berkadia Miami, Berkadia, Scott Wadler, 4241 Aurora Street, Commercial, Matt Nihan, BHI, Eduardo Otaola, Jose Boschetti
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MIRAI Design District Secures $85 Million Construction Loan and Breaks Ground on Kengo Kuma’s First U.S. Mixed-Use Development

June 3, 2026

MIRAI Design District has secured an $85 million construction loan from Monroe Capital LLC, and has officially broken ground on the highly anticipated mixed-use development in Miami’s Design District. Developed by Leviathan Development, Lionheart Capital, Well Duo, and The Lane Organization, MIRAI Design District will introduce approximately 41,000 SF of Class A boutique office space and 16,000 SF of luxury high street retail and hospitality space to the neighborhood

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In Banking, Commercial, Construction, Construction News, Construction Update, Development, Design District, Development News, Finance & Banking, Miami Design District, News, News & Features Tags MIRAI Design District, MIRAI, News & Features, News, Development News, Development, Design District, Miami Design District, Monroe Capital, Leviathan Development, Lionheart Capital, Well Duo, The Lane Organization, Kengo Kuma, Kengo Kuma & Associates, Commercial, Office, Office Space, Retail, Mixed Use, Ophir Sternberg, Allison Greenfield, Eduardo Pelaez, KKAA, Financing, Finance, Banking, Finance & Banking, Construction Loan, Construction, Construction Update, Construction News, Groundbreaking, Lending, Monroe Capital LLC
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Mikael Hamaoui, Horacio Pagani, Luis Revuelta, Edgardo Defortuna and Carmen Casadella

Riviera Horizons Breaks Ground on Pagani Residences in Miami's North Bay Village

May 19, 2026

Pagani Residences has officially broken ground in North Bay Village, marking a defining milestone for both the development and the neighborhood as it continues to emerge as one of Miami’s most coveted waterfront destinations.

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In Commercial, Construction, Construction News, Construction Update, Development, Development News, Luxury Real Estate, News, News & Features, North Bay Village, Residential, Auto Tags News & Features, News, Development News, Development, Residential, North Bay Village, Pagani, Pagani Residences, Riviera Horizons, Luxury Real Estate, Mikael Hamaoui, Miami Edition Pagani Utopia Roadster, Featured, Horacio Pagani, Pagani Arte, A++ Human Sustainable Architecture, Prestige Imports, Brett David, Auto Privata, Auto, Fortune Development Sales, Fortune International Group, Edgardo Defortuna, Goritza Draskovich, Carmen Casadella, Christopher Pagani, Ashley Hamaoui, Groundbreaking, Construction News, Construction, Construction Update, Commercial
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PMG and LNDMRK Development Break Ground on Twenty Sixth & 2nd Wynwood Residences After Securing $126 Million Construction Loan

May 4, 2026

National developer PMG and LNDMRK Development have broken ground on Twenty Sixth & 2nd Wynwood Residences after securing $126 million in construction financing for the eight-story boutique condominium rising at 2600 NW 2nd Avenue in Miami’s Wynwood neighborhood.

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In Development, Development News, Construction News, Construction Update, Construction, Finance & Banking, Banking, Commercial, News, News & Features, Office Space, Residential, Wynwood Tags News & Features, News, Commercial, Residential, Development News, Development, Development Sales, Wynwood, PMG, PMG Residential, Twenty Sixth & 2nd Wynwood Residences, Featured, LNDMRK Development, Office Space, Office, AirBNB, Banking, Finance & Banking, Finance, Financing, Construction News, Construction Update, Construction Loan, Groundbreaking, Lending, Madison Realty Capital, Siguler Guff & Co, 2600 NW 2nd Ave, Ryan Shear, Alex Karakhanian, Josh Zegen
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Eduardo & Mayra Otaola, Silvia, Jose, Maurice & Jose R. Jr. Boschetti

Constellation Group and The Boschetti Group Break Ground on Cora Merrick Park, Coral Gables' First Wellness-Focused Luxury Residences

April 27, 2026

Constellation Group and The Boschetti Group celebrated the groundbreaking of CORA Merrick Park today, a boutique residential condominium centered on wellness in Coral Gables. Located at 4241 Aurora Street in the heart of the exclusive Merrick Park neighborhood, CORA will deliver 74 thoughtfully designed residences that reflect a modern, wellness-oriented approach to living.

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In Coral Gables, Development, Development News, Development Sales, Construction, Construction News, Construction Update, News, News & Features, Residential Tags News & Features, News, Constellation Group, The Boschetti Group, CORA Merrick Park, Development News, Development, Development Sales, Coral Gables, Residential, Featured, Douglas Elliman, Douglas Elliman Development Marketing, Merrick Park, Urban Robot Associates, Groundbreaking, Construction News, Construction, Construction Update, Jay Parker, Jay Phillip Parker, Vince Lago
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BI Group USA Breaks Ground on Amenity-Driven, Wellness-Designed Parkside Residences in Brickell

April 13, 2026

BI Group USA, the North American arm of Central Asia’s largest developer, BI Group, has broken ground on the Kobi Karp-designed Parkside Residences at Brickell, its highly anticipated, wellness-focused residential project.

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In Brickell, Construction, Construction News, Construction Update, Development, Development News, News, News & Features, Residential Tags BI Group, BI Group USA, Parkside, Brickell, News & Features, News, Development News, Development, Development Sales, Residential, Olzhas Ayazbayev, Featured, 1741 SW 2nd Avenue, Kobi Karp, Kobi Karp Architecture & Interior Design, Groundbreaking, Construction News, Construction Update, Construction
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The Cove Residences, A Waterfront Collection, Officially Launches Sales and Breaks Ground in Edgewater

March 24, 2026

SB Development and Hazelton Capital Group have officially launched sales and broken ground on The Cove Residences, A Waterfront Collection, a 40-story boutique luxury development rising on the waterfront of Miami’s Edgewater neighborhood. Elevating life directly on Biscayne Bay, The Cove Residences features 134 one- to four-bedroom private condominiums.

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In Commercial, Construction, Construction News, Construction Update, Development, Development News, Development Sales, Edgewater, News, News & Features, Residential Tags SB Development, Hazelton Capital Group, Cove Miami, The Cove Residences, Edgewater, News & Features, News, Development News, Development, Development Sales, Groundbreaking, Residential, Commercial, Construction, Construction News, Construction Update, Kobi Karp, Kobi Karp Architecture & Interior Design, Jospeh Stern, Dieguez Fridman Architects, Adam Westreich, Fredrik Eklund, The Eklund | Gomes Team, Douglas Elliman, Douglas Elliman Development Marketing, Bravo Property Trust, IDB, Kaufman Lynn, Kaufman Lynn Construction, Featured
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Related Group and BH Group Break Ground on The Ritz-Carlton Residences, West Palm Beach

March 2, 2026

Leading real estate developers Related Group (Related) and BH Group, in collaboration with Marriott International, have officially commenced construction on The Ritz-Carlton Residences, West Palm Beach. Following exceptional pre-construction sales, with more than 70% of residences already spoken for, the boutique ultra-luxury development is expected to be completed in 2028.

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In Construction, Construction News, Construction Update, Development, Development News, Development Sales, Luxury Real Estate, News, News & Features, Residential Tags The Ritz-Carlton Residences West Palm Beach, Development News, Development, Featured, Residential, West Palm Beach, Arquitectonica, Rockwell Group, The Ritz-Carlton, The Ritz-Carlton Residences, Luxury Real Estate, News, News & Features, Development Sales, Related Group, BH Group, Construction News, Construction, Construction Update, Groundbreaking, Marriott International, Nick Perez, Nick Pérez, Jorge Perez, JP Perez, JP Pérez, Jon Paul Pérez, Jon Paul Perez, Isaac Toledano
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Andres Hoyos, Scott Flatley, Carmine Berardi, Mario Naar, Derek Cardenas & Spencer Morris

Allen Morris Company Breaks Ground on Transformative Mixed-Use Development Ziggurat Coconut Grove

February 23, 2026

The Allen Morris Co., one of the most renowned real estate firms in the Southeast U.S., has officially broken ground on Ziggurat, its highly anticipated mixed-use development in the heart of Coconut Grove.

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In Commercial, Coconut Grove, Construction News, Construction Update, Construction, Development, Development News, News, News & Features, Residential, Luxury Real Estate Tags News & Features, News, Commercial, Residential, Development News, Development, Development Sales, Coconut Grove, Ziggurat Coconut Grove, Allen Morris, W. Allen Morris, Allen Morris Company, The Allen Morris Company, Spencer Morris, W.A. Spencer Morris, Chad Oppenheim, Daniel De La Vega, ONE Sotheby’s International Realty, ONE Sotheby's International Realty, Cushman & Wakefield, Featured, Chèvre, Hospitality, Luxury Real Estate, Think Hospitality, Groundbreaking, Construction Update, Construction News, Demetri Demascus, Daniel de la Vega
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Sam Zalmanov (AB Asset Management), Bernardo Fort-Brescia (Arquitectonica), Ray Fort (Arquitectonica), Kane Sarhan (THE WELL), Getzy Fellig (AB Asset Management), David Martin (Terra) and Andres Marquez (Terra)

Terra Breaks Ground on THE WELL Coconut Grove After Locking Down $410 Million Construction Loan

January 30, 2026

A joint venture between Terra, one of South Florida’s leading real estate development firms, and partner AB Asset Management has broken ground on THE WELL Coconut Grove, a transformative mixed-use residential development in Miami’s Coconut Grove neighborhood, with a $410 million construction loan from TYKO Capital.

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In Commercial, Coconut Grove, Banking, Construction, Construction News, Construction Update, Development, Development News, Finance & Banking, News, News & Features, Residential Tags THE WELL Coconut Grove, News & Features, News, Coconut Grove, Commercial, Residential, Development News, Development, Terra Group, Terra, AB Asset Management, THE WELL, Finance, Financing, Finance & Banking, Construction Loan, Groundbreaking, Arquitectonica, David Martin, Getzy Fellig, Kane Sarhan, TYKO Capital, Banking, Lending, Meyer Davis, Meyer Davis Studio, Featured, Construction News, Construction, Construction Financing, Construction Update
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